{"id":41906,"date":"2026-03-20T01:44:35","date_gmt":"2026-03-20T01:44:35","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%af%b8-%ea%b5%ad%ec%b1%84%ea%b8%88%eb%a6%ac-%ea%b8%89%eb%93%b1%ec%97%90-%ec%97%b0%ec%a4%80-%ea%b8%88%eb%a6%ac%ec%9d%b8%ed%95%98-2027%eb%85%84%ec%9c%bc%eb%a1%9c-%eb%b0%80%eb%a6%ac%eb%a9%b0-%ea%b8%88\/"},"modified":"2026-03-20T01:44:35","modified_gmt":"2026-03-20T01:44:35","slug":"%eb%af%b8-%ea%b5%ad%ec%b1%84%ea%b8%88%eb%a6%ac-%ea%b8%89%eb%93%b1%ec%97%90-%ec%97%b0%ec%a4%80-%ea%b8%88%eb%a6%ac%ec%9d%b8%ed%95%98-2027%eb%85%84%ec%9c%bc%eb%a1%9c-%eb%b0%80%eb%a6%ac%eb%a9%b0-%ea%b8%88","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%af%b8-%ea%b5%ad%ec%b1%84%ea%b8%88%eb%a6%ac-%ea%b8%89%eb%93%b1%ec%97%90-%ec%97%b0%ec%a4%80-%ea%b8%88%eb%a6%ac%ec%9d%b8%ed%95%98-2027%eb%85%84%ec%9c%bc%eb%a1%9c-%eb%b0%80%eb%a6%ac%eb%a9%b0-%ea%b8%88\/","title":{"rendered":"\ubbf8 \uad6d\ucc44\uae08\ub9ac \uae09\ub4f1\uc5d0 \uc5f0\uc900 \uae08\ub9ac\uc778\ud558 2027\ub144\uc73c\ub85c \ubc00\ub9ac\uba70 \uae08\uac12 4.5% \ub118\uac8c \uae09\ub77d\u20264,600\ub2ec\ub7ec \ud558\ud68c"},"content":{"rendered":"\uae08(XAU\/USD)\uc740 \uace0(\u9ad8)\uc5d0\ub108\uc9c0 \uac00\uaca9 \uc6b0\ub824 \uc18d\uc5d0 \ubbf8\uad6d \uad6d\ucc44 \uae08\ub9ac\uac00 \uc624\ub974\uba74\uc11c \ubaa9\uc694\uc77c 4.5% \uc774\uc0c1 \ud558\ub77d\ud588\ub2e4. \uae08 \uac00\uaca9\uc740 \uc7a5\uc911 \uace0\uc810 4,867\ub2ec\ub7ec\uc5d0\uc11c \ubc00\ub9b0 \ub4a4 4,588\ub2ec\ub7ec\uc5d0 \uac70\ub798\ub410\ub2e4.\n\n\uc774\ubc88 \uc8fc \uc601\ub780\uc740\ud589(BOE), \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB), \uc77c\ubcf8\uc740\ud589(BOJ), \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\uc5f0\uc900) \ub4f1 \uc8fc\uc694 \uc911\uc559\uc740\ud589\ub4e4\uc774 \uae30\uc900\uae08\ub9ac\ub97c \ub3d9\uacb0\ud588\ub2e4. \uc5f0\uc900\uc740 11\ub300 1 \ud45c\uacb0\ub85c \uae08\ub9ac\ub97c 3.50%~3.75%\ub85c \uc720\uc9c0\ud588\uc73c\uba70, \uc2a4\ud2f0\ube10 \ubbf8\ub780\uc740 0.25%\ud3ec\uc778\ud2b8(25bp) \uc778\ud558\uc5d0 \ucc2c\uc131\ud588\ub2e4. *(bp=\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8: \uae08\ub9ac 0.01%\ud3ec\uc778\ud2b8)*\n\n

Fed \uc804\ub9dd\uc774 \uae08 \ubcc0\ub3d9\uc131\uc744 \ud0a4\uc6cc<\/h3>\n\uc5f0\uc900\uc758 \uc804\ub9dd(\uc810\ub3c4\ud45c\u00b7\uc704\uc6d0\ub4e4\uc758 \uae08\ub9ac \uc804\ub9dd\uc744 \uc810\uc73c\ub85c \ud45c\uc2dc\ud55c \ud45c)\uc5d0 \ub530\ub974\uba74 2026\ub144\uc5d0 1\ud68c, 2027\ub144\uc5d0 1\ud68c \uae08\ub9ac \uc778\ud558\ub97c \uc608\uc0c1\ud588\ub2e4. \uc5f0\uc900\uc740 2026\ub144 \ubbf8\uad6d \uc131\uc7a5\ub960\uc744 2.4%(\uae30\uc874 2.3%), \uadfc\uc6d0 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc744 2.7%(\uae30\uc874 2.5%), \ud5e4\ub4dc\ub77c\uc778 PCE \ubb3c\uac00\uc0c1\uc2b9\ub960\uc744 2.7%(\uae30\uc874 2.5%)\ub85c \uc81c\uc2dc\ud588\uace0, \uc2e4\uc5c5\ub960\uc740 4.4%\ub85c \uc720\uc9c0\ud588\ub2e4. *(\uadfc\uc6d0 \ubb3c\uac00=\uac00\uaca9 \ubcc0\ub3d9\uc774 \ud070 \uc2dd\ub8cc\ud488\u00b7\uc5d0\ub108\uc9c0\ub97c \uc81c\uc678\ud55c \ubb3c\uac00, \ud5e4\ub4dc\ub77c\uc778=\uc804\uccb4 \ud56d\ubaa9\uc744 \ud3ec\ud568\ud55c \u2018\uc804\uccb4 \ubb3c\uac00\u2019, PCE=\uac1c\uc778\uc18c\ube44\uc9c0\ucd9c \ubb3c\uac00\uc9c0\uc218: \ubbf8\uad6d\uc5d0\uc11c \uc5f0\uc900\uc774 \uc911\uc2dc\ud558\ub294 \ubb3c\uac00 \uc9c0\ud45c)*\n\n3\uc6d4 14\uc77c\ub85c \ub05d\ub09c \uc8fc\uac04 \ubbf8\uad6d \uc2e0\uaddc \uc2e4\uc5c5\uc218\ub2f9 \uccad\uad6c \uac74\uc218\ub294 21\ub9cc3\ucc9c \uac74\uc5d0\uc11c 20\ub9cc5\ucc9c \uac74\uc73c\ub85c \uac10\uc18c\ud574, \uc2dc\uc7a5 \uc608\uc0c1\uce58(21\ub9cc5\ucc9c \uac74)\ub97c \ubc11\ub3cc\uc558\ub2e4. \ubbf8\uad6d 10\ub144\ubb3c \uad6d\ucc44 \uae08\ub9ac\ub294 \uc57d 0.03%\ud3ec\uc778\ud2b8 \uc0c1\uc2b9\ud574 4.289%\ub97c \uae30\ub85d\ud588\uc73c\uba70, \ub2ec\ub7ec\uc9c0\uc218(DXY)\ub294 0.7% \ud558\ub77d\ud574 99.52\ub97c \ub098\ud0c0\ub0c8\ub2e4. *(DXY=\ub2ec\ub7ec\uac00 \uc8fc\uc694 \ud1b5\ud654 \ubc14\uc2a4\ucf13 \ub300\ube44 \uc5bc\ub9c8\ub098 \uac15\ud55c\uc9c0 \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\uc218)*\n\n\uae08\ub9ac \uc120\ubb3c \uc2dc\uc7a5(\uba38\ub2c8\ub9c8\ucf13)\uc740 2026\ub144 \uc5f0\uc900\uc758 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc744 \uac70\uc758 \ubc18\uc601\ud558\uc9c0 \uc54a\uace0 \uc788\uc73c\uba70, \uccab \uc870\uc815\uc740 2027\ub144 \uc0c1\ubc18\uae30\ub85c \uc608\uc0c1\ud558\uace0 \uc788\ub2e4. \uc9c0\uc5ed \uc815\uc138 \uce21\uba74\uc5d0\uc11c\ub294 \uc774\ub780\uc774 \uce74\ud0c0\ub974 \uac00\uc2a4 \uc2dc\uc124\uc744 \uacf5\uaca9\ud574 LNG(\uc561\ud654\ucc9c\uc5f0\uac00\uc2a4) \uc124\ube44 14\uae30 \uc911 2\uae30, GTL \uc124\ube44(\uac00\uc2a4\ub97c \uc561\uccb4 \uc5f0\ub8cc\ub85c \ubc14\uafb8\ub294 \uc2dc\uc124) 2\uae30 \uc911 1\uae30\uac00 \uc190\uc0c1\ub410\ub2e4\ub294 \uc18c\uc2dd\uc774 \uc804\ud574\uc84c\ub2e4. \uc774\ub85c \uc778\ud574 \uc774\ud0c8\ub9ac\uc544\u00b7\ubca8\uae30\uc5d0\u00b7\ud55c\uad6d\u00b7\uc911\uad6d\uc73c\ub85c \uac00\ub294 LNG \uacf5\uae09\uc774 \ucd5c\ub300 5\ub144\uac04 \u2018\ud3ec\uc2a4\ub9c8\uc8fc\ub974(\ubd88\uac00\ud56d\ub825: \uc804\uc7c1\u00b7\ucc9c\uc7ac\uc9c0\ubcc0 \ub4f1\uc73c\ub85c \uacc4\uc57d \uc774\ud589\uc774 \ubd88\uac00\ub2a5\ud55c \uacbd\uc6b0)\u2019\uac00 \ub420 \uc218 \uc788\ub2e4\ub294 \uc6b0\ub824\uac00 \ucee4\uc84c\ub2e4.\n\n\uae30\uc220\uc801 \ubd84\uc11d(\ucc28\ud2b8 \uae30\ubc18 \ubd84\uc11d)\uc5d0\uc11c 100\uc77c \ub2e8\uc21c\uc774\ub3d9\ud3c9\uade0\uc120(SMA) 4,577\ub2ec\ub7ec\uac00 \ud575\uc2ec \uc9c0\uc9c0\uc120\uc774\ub2e4. \uc77c\uac04 \uc885\uac00\uac00 \uc774\ub97c \ud558\ud68c\ud558\uba74 4,500\ub2ec\ub7ec, \uc774\uc5b4 4,402\ub2ec\ub7ec\uc640 4,200\ub2ec\ub7ec\uae4c\uc9c0 \uc5f4\ub9b4 \uc218 \uc788\uc73c\uba70, 200\uc77c SMA\ub294 4,060\ub2ec\ub7ec\uc5d0 \uc704\uce58\ud55c\ub2e4. \uc800\ud56d\uc120\uc740 4,650\ub2ec\ub7ec\uc640 4,841\ub2ec\ub7ec\uac00 \uaf3d\ud78c\ub2e4. *(SMA=\uc77c\uc815 \uae30\uac04 \uac00\uaca9\uc758 \uc0b0\uc220\ud3c9\uade0\uc744 \uc774\uc740 \uc120)*\n\n

\uae08\ub9ac \uc774\uc288\uac00 \uc5ec\uc804\ud788 \ud575\uc2ec<\/h3>\n\uae08 \uac00\uaca9\uc758 \uae09\ub77d\uc740 \ud604\uc7ac \uc2dc\uc7a5\uc758 \ud575\uc2ec\uc774 \u2018\uae08\ub9ac \uc0c1\uc2b9\u2019\uc784\uc744 \ubcf4\uc5ec\uc900\ub2e4. 10\ub144\ubb3c \uad6d\ucc44 \uae08\ub9ac\uac00 4.289%\uae4c\uc9c0 \uc62c\ub77c\uac04 \uc0c1\ud669\uc5d0\uc11c\ub294 \uc774\uc790\ub97c \uc8fc\uc9c0 \uc54a\ub294 \uc790\uc0b0(\ubb34\uc774\uc790 \uc790\uc0b0)\uc778 \uae08\uc744 \ubcf4\uc720\ud558\ub294 \ubd80\ub2f4\uc774 \ucee4\uc9c4\ub2e4. 100\uc77c \uc774\ub3d9\ud3c9\uade0\uc120(4,577\ub2ec\ub7ec)\uc744 \uc8fc\uc2dc\ud574\uc57c \ud558\uba70, \uc774 \uc120\uc774 \ubb34\ub108\uc9c0\uba74 \ucd94\uac00 \ub9e4\ub3c4\uac00 \ub098\uc62c \uc218 \uc788\ub2e4.\n\n\uc5f0\uc900\uc758 \ub3d9\uacb0 \uacb0\uc815\uc740 \uac15\ud55c \uace0\uc6a9 \uc9c0\ud45c\uc640 \uc27d\uac8c \uaebe\uc774\uc9c0 \uc54a\ub294 \ubb3c\uac00 \ud750\ub984\uc744 \uace0\ub824\ud558\uba74 \uc608\uc0c1 \ubc94\uc704\ub2e4. 2022\ub144\uc5d0\ub3c4 \uae30\uc900\uae08\ub9ac\ub97c \ube60\ub974\uac8c \uc62c\ub9ac\uba74\uc11c, \ub192\uc740 \ubb3c\uac00\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uae08 \uac00\uaca9\uc774 \uace0\uc810 \ub300\ube44 \uc57d 20% \ud558\ub77d\ud55c \ubc14 \uc788\ub2e4. \uc2dc\uc7a5\uc774 2026\ub144 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc744 \uc0ac\uc2e4\uc0c1 \uc9c0\uc6b0\ub294 \uac83\uc740, \ud22c\uc790\uc790\ub4e4\uc774 \uc5f0\uc900\uc774 \uc608\uc0c1\ubcf4\ub2e4 \uc624\ub798 \uae34\ucd95 \uae30\uc870(\uae08\ub9ac\ub97c \ub192\uc740 \uc218\uc900\uc73c\ub85c \uc720\uc9c0\ud558\ub294 \uc815\ucc45)\ub97c \uc720\uc9c0\ud560 \uac83\uc73c\ub85c \ubcf8\ub2e4\ub294 \uc758\ubbf8\ub2e4.\n\n\uce74\ud0c0\ub974 \uac00\uc2a4 \uc2dc\uc124 \uacf5\uaca9\uc740 \ubb3c\uac00\ub97c \ub2e4\uc2dc \ubc00\uc5b4 \uc62c\ub9b4 \uc218 \uc788\ub294 \ud070 \ubcc0\uc218\ub2e4. 2022\ub144 \uc5d0\ub108\uc9c0 \ucda9\uaca9 \ub54c \uc720\ub7fd \ucc9c\uc5f0\uac00\uc2a4 \uac00\uaca9\uc774 200% \ub118\uac8c \uae09\ub4f1\ud558\uba70 \uc2dc\uc7a5\uc774 \ud754\ub4e4\ub838\ub358 \uc0ac\ub840\uac00 \uc788\ub2e4. \uac08\ub4f1\uc774 \ub354 \ucee4\uc9c8 \uacbd\uc6b0 \u2018\uacf5\ud3ec \uc2ec\ub9ac\u2019\uac00 \uac15\ud574\uc9c0\uba74\uc11c \uc790\uae08\uc774 \uc548\uc804\uc790\uc0b0\uc73c\ub85c\uc11c \uae08\uc73c\ub85c \ub2e4\uc2dc \uc720\uc785\ub420 \uac00\ub2a5\uc131\ub3c4 \uc788\ub2e4. *(\uc548\uc804\uc790\uc0b0=\uc704\uae30 \uc2dc \uac00\uce58\uac00 \ube44\uad50\uc801 \uc798 \uc720\uc9c0\ub41c\ub2e4\uace0 \uc5ec\uaca8\uc9c0\ub294 \uc790\uc0b0)*\n\n\ub2ec\ub7ec \uc57d\uc138\ub294 \ud2b9\uc774\ud55c \uc2e0\ud638\ub2e4. \uad6d\ucc44 \uae08\ub9ac\ub294 \uc624\ub974\ub294\ub370 \ub2ec\ub7ec\uac00 \uc57d\ud574\uc84c\ub2e4\ub294 \uac83\uc740, \ud22c\uc790\uc790\ub4e4\uc774 \ubbf8\uad6d\uc774 \ubd84\uc7c1\uc5d0 \uc9c1\uc811 \uad00\uc5ec\ud55c\ub2e4\uace0 \ud310\ub2e8\ud558\uba70 \uc2a4\uc704\uc2a4\ud504\ub791\uacfc \uc77c\ubcf8\uc5d4 \uac19\uc740 \ub2e4\ub978 \uc548\uc804 \ud1b5\ud654\ub97c \ub354 \uc120\ud638\ud558\uace0 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uc774\ub294 2025\ub144\uae4c\uc9c0 \u2018\uac15\ub2ec\ub7ec\uac00 \ub300\ud45c\uc801 \uc548\uc804\uc790\uc0b0\u2019\uc73c\ub85c \uc791\ub3d9\ud588\ub358 \ud750\ub984\uacfc \ub2e4\ub978 \ubcc0\ud654\ub2e4.\n

\n\n

\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 – VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 \uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694 <\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"

\u201c\uae08, \ud558\ub8e8 \uc0c8 4.5% \uae09\ub77d\u201d \ubbf8 \uad6d\ucc44\uae08\ub9ac \uc0c1\uc2b9\u00b7\uc5d0\ub108\uc9c0\ubc1c \uc778\ud50c\ub808 \uc6b0\ub824\uc5d0 XAU\/USD 4,867\u21924,588. \uc5f0\uc900 \ub3d9\uacb0\u00b7\uc778\ud558 \uae30\ub300 \ud6c4\ud1f4\ub85c \ubcc0\ub3d9\uc131 \ud655\ub300, 100\uc77c\uc120 4,577 \uc9c0\uc9c0 \uc2dc\ud5d8.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-41906","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=41906"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41906\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=41906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=41906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=41906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}